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BLOGS

Hiking interest rates

Why it’s the wrong recipe for curbing inflation COMMENT | STEPHEN ONYEIWU | The Central Bank of Nigeria recently announced an increase in the interest rate, from 11.5% to 13%, a 1.5 percentage point hike that took effect immediately. Whenever the Central Bank changes the monetary policy rate, otherwise known …

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The other side of US exceptionalism

Why American policymakers shouldn’t conflate reasserting its global primacy with establishing a more secure world COMMENT | DANI RODRIK | When I started teaching at Harvard’s Kennedy School in the mid-1980s, competition with Japan was the dominant preoccupation of U.S. economic policy. The book `Japan as Number One’ by Harvard’s …

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Boss, it is raining!

. COMMENT | ELIZABETH K. PATIENCE |  I wake up and prepare to leave home for work. Moments before setting off it starts raining. Time check- 6.20 am! Because I stay in the city suburb of Nsasa, I always leave home by 6.30. Also, since I don’t drive, I often jump …

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